IME - Iran Mercantile Exchange

05/21/2024 | Press release | Distributed by Public on 05/21/2024 07:15

Commodities Traded on IME Exceeds 15 Million Tonnes

Within the month ending on May 20, 2024, the IME witnessed trade of 15,982,553 tonnes of commodities and 134 vehicles with a total trading value of more than 3.6 billion USD on its physical market, logging growths of 30.8% in volume and 26.1% in value of trades compared with the month before that.
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According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor, trade of 13,794,428 tonnes of commodities and 134 vehicles valued at more than 2.6 billion USD.

On this floor the IME sold 6,482,476 tonnes of cement, 4,181,500 tonnes of iron ore, 1,781,411 tonnes of steel, 1,154,650 tonnes of sponge iron, 83,925 tonnes of zinc, 53,510 tonnes of aluminum, 43,420 tonnes of copper, 500 tonnes of metallurgical coke, 36 tonnes of precious metals concentrate and 1 tonnes of molybdenum concentrate.

Based on this report, the IME saw trade of 1.5 tonnes of saffron on its agricultural trading floor.

Moreover, the exchange saw trade of 2,037,649 tonnes of commodities worth more than 1 billion USD on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 646,515 tonnes of bitumen, 541,550 tonnes of vacuum bottom, 414,994 tonnes of polymeric products, 188,500 tonnes of lube cut, 170,127 tonnes of chemicals, 50,245 tonnes of sulfur, 22,768 tonnes of oil, 2,050 tonnes of feedstocks and 400 tonnes of waterproofing materials.

Last was the IME's side market on which the exchange traded 72,474 tonnes of goods.

Author: IME International Affairs

ID: 50092366

Published on: Tuesday, May 21, 2024 16:00

Source: IME PR

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